435 East 157th Place South Holland, IL 60473

$200,000
5
Beds
2
Baths
1,500
SQFT
133
$/SQFT
$200,000
5
Beds
2
Baths
1,500   sf
$133 / sf
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Investor friendly turnkey rental property! Being sold as part of a portfolio for an asking price of 1.2 million Properties included in the portfolio: 3613 Coventry Ct Hazel Crest IL 60429 435 E 157th Place South Holland IL 60473 16054 Cottage Grove House South Holland IL 60473 16918 Annetta Hazel Crest IL 60429 17051 Shea Avenue Hazel Crest IL 60429 17226 Fisk East Hazel Crest IL 60429 Reach out directly to Matt to schedule showings This property is part of a larger investment portfolio and is currently fully occupied with subsidized rents. Buyers have the flexibility to continue leasing or terminate the leases to occupy the home themselves. Recent updates include a newer roof, updated windows, renovated bathrooms, and refinished hardwood floors. The property generates a current net income of over 17,000 annually, with the potential to exceed 31,000 by maximizing the bedrooms under the voucher program. This is an excellent opportunity with significant investment upside, with strong income-generating potential.

Investor friendly turnkey rental property! Being sold as part of a portfolio for an asking price of 1.2 million Properties included in the portfolio: 3613 Coventry Ct Hazel Crest IL 60429 435 E 157th Place South Holland IL 60473 16054 Cottage Grove House South Holland IL 60473 16918 Annetta Hazel Crest IL 60429 17051 Shea Avenue Hazel Crest IL 60429 17226 Fisk East Hazel Crest IL 60429 Reach out directly to Matt to schedule showings This property is part of a larger investment portfolio and is currently fully occupied with subsidized rents. Buyers have the flexibility to continue leasing or terminate the leases to occupy the home themselves. Recent updates include a newer roof, updated windows, renovated bathrooms, and refinished hardwood floors. The property generates a current net income of over 17,000 annually, with the potential to exceed 31,000 by maximizing the bedrooms under the voucher program. This is an excellent opportunity with significant investment upside, with strong income-generating potential.

Listed by:
Realty One Group Ethos

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Realty One Group Ethos.
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Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Attached
  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning

Style

  • Two Story
  • Bungalow
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